Eastern Development to buy Boston Tech Center

Eastern Development to buy Boston Tech Center - Boston Business Journal:

News and yet no news...

The Woburn-based office and retail developer has the building at 176 Lincoln St. in Allston under contract, confirmed Dan Doherty, a principal at the company. Sources said the sale price is $22 million.

Doherty declined to specify plans for the 450,000-square-foot building, but said he has received calls from office, institutional and retail tenants that are interested in leasing some or all of the building. Real estate sources close to the deal said Eastern's first choice would be to lease the empty building to an office tenant.